REER is calculated against a basket of major trading partners’ currencies and adjusted for relative inflation and NEER is defined as weighted average of the rupee value relative to a basket of major ...

It is a very tough exercise for our central bank to arrive at an optimal exchange rate and interest rate and, more importantly, ensure adequate liquidity in the market for credit creation without ...

Under dominant-currency pricing—where many export prices are set in dollars—the real exchange rate allocates export windfalls between producers and consumers. When the real exchange rate is stable, ...

An analysis has shown that the real value of the Japanese yen last month fell to its lowest level since Japan adopted a floating exchange rate system in 1973, dropping to one-third of its peak level ...

The real value of the Korean won rebounded for the first time in seven months last month. According to the Bank of Korea and ...

The Nigeria Customs has clarified the exchange rate application in customs validation. In a statement by the National Public Relations Officer of Customs, ...

The Nigeria Customs Service clarifies it does not fix forex rates. All rates for import valuation are officially set and ...